Baker Christopher J. 4

What Happened Christopher J. Baker, President, Chief Executive Officer and Director of KLX Energy Services Holdings (KLXE), had 28,191 restricted stock units (RSUs) vest on Feb 9, 2026 and those units were settled for cash. The filing shows a disposition to the issuer of 28,191 shares at $2.58 per share, totaling $72,733. The related derivative entries (code M) reflect conversion/exercise of the RSUs (zero exercise price), consistent with an award settlement rather than an open-market sale of previously held shares.

Key Details

• Transaction date: 2026-02-09 (reported on Form 4 filed 2026-02-10; filing appears timely).
• Disposition: 28,191 RSU-equivalent shares settled at $2.58 each for total proceeds of $72,733.
• Derivative conversion: 28,191 units converted/exercised with $0 exercise price (RSU settlement).
• Footnotes: F1 — each Restricted Stock Unit equals one share and was settled in cash; F2 — RSUs vested on 2/9/2026.
• Shares owned after transaction: not specified in the provided filing details.

Context This appears to be an administrative cash settlement of vested RSUs (including tax withholding/settlement to the issuer), not an open-market sale of previously owned common stock. Such settlements are common following vesting and do not necessarily indicate the insider’s view on the company’s stock. Purchases generally carry more weight as a bullish signal than routine settlements or withholding.